Mukhyamantri Mahila Utkarsh Yojana
Interest-free loans up to ₹1 lakh for Gujarat women entrepreneurs · no collateral · 6% subsidy on timely repayment
Gujarat-based women entrepreneurs can get interest-free loans of up to ₹1 lakh to start or grow their businesses — no collateral required. The government also offers a 6% annual subsidy if you repay on time, along with free skill development training. Apply through your nearest Gujarat Women's Economic Development Corporation (GWEDC) office or the official scheme website.
About This Scheme
Gujarat-based women entrepreneurs can get interest-free loans of up to ₹1 lakh to start or grow their businesses — no collateral required. The government also offers a 6% annual subsidy if you repay on time, along with free skill development training. Apply through your nearest Gujarat Women's Economic Development Corporation (GWEDC) office or the official scheme website.
Full official description
Details
Under the scheme, the government provides interest-free loans of up to Rs. 1 lakh to women entrepreneurs who wish to start a new business or expand their existing one. The loans are provided without any collateral security, and the repayment period is up to five years.
The scheme also provides training and skill development programs to women entrepreneurs to help them build their business acumen and enhance their knowledge of entrepreneurship. The Mukhyamantri Mahila Utkarsh Yojana is a great initiative to promote women's entrepreneurship and to empower them to become financially independent. over the scheme name, launch date, ministry/dept. name, target beneficiary, benefits, etc.)
Objectives: The main objectives of the scheme are:
To promote women's entrepreneurship and provide them with financial assistance to start or expand their businesses.
To provide interest-free loans to women entrepreneurs to promote their business ventures.
To provide training and skill development programs to women entrepreneurs to enhance their knowledge of entrepreneurship.
To create employment opportunities for women in the state.
Features of the Scheme:
- Interest-Free Loans: Under the scheme, women entrepreneurs can avail of interest-free loans of up to Rs. 1 lakh to start or expand their businesses. The loans are provided without any collateral security.
- Repayment Period: The repayment period for the loan is up to 5 years.
- Training and Skill Development: The scheme provides training and skill development programs to women entrepreneurs to help them build their business acumen and enhance their knowledge of entrepreneurship.
Subsidy: The government also provides a subsidy of 6% per annum to women entrepreneurs who repay their loans on time.
No Processing Fee: The scheme does not charge any processing fee for the loan application.
No Income Limit: There is no income limit for women entrepreneurs to apply for the scheme.
Benefits
- Interest-free loan up to ₹1 lakh — no collateral required
- 6% annual subsidy if you repay on time
- Repayment period of up to 5 years
- Free training and skill development programs
- No processing fee and no income limit
💡 Why Startups Should Care
Women-focused fintech startups in Gujarat can integrate MMUY as a first-loan product for borrowers with no credit history — the interest-free, collateral-free loan removes the biggest barriers and gives your platform a warm introduction to women entrepreneurs who will need your next credit product.
Who Can Apply (Eligibility)
- Must be a woman and permanent resident of Gujarat
- Must be 18 years of age or older
- Must have passed at least Class 8 (8th standard)
- Must have a valid Aadhaar card
- Government employees are not eligible
Exclusions
- Not available to government employees
How to Apply
- Visit the official Mukhyamantri Mahila Utkarsh Yojana website or the nearest Gujarat Women's Economic Development Corporation (GWEDC) office.
- Download or collect the application form.
- Fill in all required personal and business-related information.
- Prepare a business plan including type of business, investment required, and expected revenue.
- Attach all required documents and submit the completed application.
Frequently Asked Questions
Can the loan be used for any type of business?
Yes, the loan can be used for any type of business, including manufacturing, service, or trading
Is there any income limit for women entrepreneurs to apply for the scheme?
No, there is no income limit for women entrepreneurs to apply for the scheme. It is open to women from all income groups
Is collateral security required for the loan?
No, collateral security is not required for the loan. The loan is provided without any collateral security.
What is the repayment period for the loan?
The repayment period for the loan is up to 5 years, giving entrepreneurs sufficient time to repay the loan
Can women entrepreneurs who have already taken loans from other schemes or financial institutions apply for the scheme?
Yes, women entrepreneurs who have already taken loans from other schemes or financial institutions can also apply for the scheme, provided they meet the eligibility criteria mentioned above.
Is the scheme open only to women residents of Gujarat?
Yes, the scheme is open only to women residents of Gujarat who meet the eligibility criteria mentioned above.
Is there any age limit for women entrepreneurs to apply for the scheme?
Yes, the applicant should be 18 years of age or above to apply for the scheme.
What is the minimum educational qualification required to apply for the scheme?
The applicant should have passed at least 8th standard to be eligible for the scheme.
Is the scheme open to women entrepreneurs from all income groups?
Yes, the scheme is open to women entrepreneurs from all income groups. There is no income limit for applying for the scheme.
Is it mandatory to have a business plan to apply for the scheme?
Yes, it is mandatory to submit a detailed business plan along with the application form. The plan should include the type of business, investment required, and expected revenue
Is there any application fee for applying to the scheme?
No, there is no application fee for applying to the scheme
Can an applicant submit multiple applications for the same business idea?
No, an applicant can submit only one application for the same business idea.
Is it necessary to have a registered business to apply for the scheme?
No, it is not necessary to have a registered business to apply for the scheme. However, the applicant should have a detailed business plan, including the type of business, the investment required, and expected revenue.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Aadhaar card
- Government-issued photo ID (Voter ID, Driving License, or PAN card)
- Government-issued address proof
- Certificate of passing at least Class 8
- Detailed business plan
- Bank account details for loan disbursement
- Recent passport-size photographs